iShares U.S. Technology ETF (NYSEARCA:IYW) Position Trimmed by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,986 shares of the exchange traded fund’s stock after selling 489 shares during the quarter. iShares U.S. Technology ETF accounts for about 1.7% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 15th largest position. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $3,667,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Phillips Financial Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares during the period. Avion Wealth acquired a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at $47,000. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth about $52,000. Finally, China Universal Asset Management Co. Ltd. raised its holdings in iShares U.S. Technology ETF by 37,900.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 379 shares during the period.

iShares U.S. Technology ETF Trading Up 1.6 %

IYW stock opened at $165.00 on Friday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The firm has a 50-day moving average of $161.92 and a two-hundred day moving average of $154.65. The firm has a market capitalization of $20.27 billion, a PE ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF Company Profile

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).